Sale reports / Montana / Miles City Livestock Commission / 2019-11-26

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 26
● Final74 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,341 head
820 vs last sale 3,161 2,341 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
151 head
9 vs last sale 160 151 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
788 head
573 vs last sale 1,361 788 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Demand for yearlings was mostly moderate on light offerings. Steer calves weighing less than 550 lbs sold mostly 10.00-14.00 lower, 550-649 lbs steers sold steady to 3.00 lower. Heifer calves 400-599 lbs sold mostly 4.00-6.00 lower, heifer calves over 600 lbs sold with higher undertones in a narrow comparison. Demand this sale was very uneven. A strong winter storm is currently hitting much of the central US, including all major feeding regions. This has many buyers shut down this week as a result. Market activity this week was slow. Weigh up cows sold on mostly light demand for moderate to heavy offerings. Packers all backed off prices for cows destined for immediate harvest as heavy supplies continue to be seen. Packers also backed up feeding cow prices as many say their feedlots are all near capacity. Slaughter cows sold mostly 3.00 lower on lean cows. Boning and breaking cows were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed. Feeding cows sold mostly 3.00-6.00 lower on all ages of cows. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young age cows sold on mostly good demand this sale with many buyers in the stands actively bidding on offerings. Cows suitable to re-breed sold mostly 3.00-6.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $155.69/cwt on 1,151 head.
Average price
$155.69
1,151 head · 550 lb average
Value per head Derived
$856
Price × average weight ÷ 100
Grade differential Derived
$86
per head · Medium and Large 1 over Medium 2
$20.95/cwt at this weight
vs the market
1.73
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551155.95859991
Large 1546154.9284586
Medium and Large 1-2542154.8183868
Medium 2573135.007746thin
One grade step is worth $20.95/cwt here — about $86 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,151 hd
155.69
MT average5 barns · 4,300 hd
157.42
−1.73
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsLow1,66171.831,19332
CowsBreaker 75-80%Average1,61366.001,0652thin
CowsBoner 80-85%Low1,43852.177503thin
CowsLean 85-90%Very Low1,14440.6846595
SteersPrimeAverage1,78582.501,4732thin

Every lot, as filed

74 lots · USDA AMS · Miles City Livestock Commission Auction - Miles City, MT
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1423149.00/cwt149.00–149.006308
BullsMedium and Large 1Unweaned450155.00/cwt155.00–155.006983
BullsMedium and Large 1Unweaned678131.00/cwt131.00–131.008885
BullsMedium and Large 1Unweaned536145.00/cwt145.00–145.0077712
HeifersLarge 1836134.00/cwt134.00–134.001,1204
HeifersLarge 11,042133.77/cwt133.50–136.001,3949
HeifersLarge 1435148.50/cwt148.50–148.5064611
HeifersMedium and Large 1-2970121.00/cwt121.00–121.001,1742
HeifersLarge 1Unweaned532146.50/cwt146.50–146.5077942
HeifersMedium 1Unweaned465135.00/cwt135.00–135.006283
HeifersMedium and Large 1938134.25/cwt133.00–134.501,2596
HeifersMedium and Large 1892136.25/cwt136.00–136.501,21518
HeifersMedium and Large 1382147.65/cwt147.00–148.0056420
HeifersMedium and Large 1477159.76/cwt158.50–163.0076285
HeifersMedium and Large 1Unweaned388142.50/cwt142.50–142.505535
SteersLarge 1Unweaned391160.00/cwt160.00–160.006265
HeifersMedium and Large 1Unweaned416150.19/cwt147.50–154.0062528
HeifersMedium and Large 1Unweaned484148.41/cwt141.00–154.5071855
HeifersMedium and Large 1Unweaned554137.05/cwt134.00–137.5075955
HeifersMedium and Large 1Unweaned613133.90/cwt132.50–134.5082192
HeifersMedium and Large 1Unweaned522139.46/cwt134.00–145.00728124
HeifersMedium and Large 1-2945128.00/cwt128.00–128.001,2101
HeifersMedium and Large 1-2610126.50/cwt126.50–126.507722
SteersMedium and Large 1Unweaned576154.17/cwt147.00–159.00888246
SteersMedium and Large 1-2396174.00/cwt174.00–174.006895
SteersMedium and Large 1-2538153.00/cwt153.00–153.0082316
SteersMedium and Large 1-2577152.10/cwt146.00–154.2587841
SteersMedium and Large 1-2Unweaned483148.00/cwt148.00–148.007151
SteersMedium and Large 1-2Unweaned420165.03/cwt157.50–170.006935
Stock CowsMedium and Large 11,29250.83/cwt44.50–62.00657107
Stock CowsMedium and Large 11,31255.93/cwt45.00–69.0073491
HeifersMedium and Large 1-2367142.50/cwt142.50–142.505233
HeifersMedium and Large 1-2484144.00/cwt144.00–144.006979
HeifersMedium and Large 1-2442148.00/cwt148.00–148.0065410
HeifersMedium and Large 1-2836134.50/cwt134.50–134.501,12410
HeifersMedium and Large 1-2520138.83/cwt130.00–141.0072228
HeifersMedium and Large 1-2Unweaned585125.17/cwt125.00–125.5073212
HeifersMedium and Large 1-2Unweaned429142.76/cwt141.00–144.5061222
SteersMedium and Large 1Unweaned628147.47/cwt143.50–151.50926147
SteersLarge 1Unweaned445152.00/cwt152.00–152.006769
SteersLarge 1Unweaned509153.50/cwt153.50–153.5078126
SteersLarge 1Unweaned603155.75/cwt155.75–155.7593946
SteersMedium 2573135.00/cwt135.00–135.007746
SteersMedium and Large 1423179.25/cwt177.00–181.5075828
SteersMedium and Large 1484161.59/cwt156.00–178.0078241
SteersMedium and Large 1507161.48/cwt157.50–163.5081994
HeifersLarge 1Unweaned581128.50/cwt128.50–128.5074715
SteersMedium and Large 1Unweaned733139.00/cwt139.00–139.001,0192
SteersMedium and Large 1Unweaned265227.50/cwt227.50–227.506033
SteersMedium and Large 1Unweaned382178.78/cwt175.00–188.5068310
SteersMedium and Large 1Unweaned424179.30/cwt170.00–181.0076036
SteersMedium and Large 1Unweaned663144.18/cwt139.50–146.0095651
SteersMedium and Large 1Unweaned539153.05/cwt145.00–156.0082591
SteersMedium and Large 1Unweaned475156.89/cwt155.00–175.00745108
HeifersMedium and Large 1Unweaned329147.50/cwt147.50–147.5048511
Stock CowsMedium and Large 196088.76/cwt69.00–101.00852106
Stock CowsMedium and Large 11,08573.20/cwt59.00–82.0079443
Stock CowsMedium and Large 11,33858.77/cwt54.00–65.5078628
Stock CowsMedium and Large 1Thin Fleshed1,17045.11/cwt38.00–47.0052859
Stock CowsMedium and Large 1Thin Fleshed1,17945.65/cwt39.00–48.0053814
Stock CowsMedium and Large 1Thin Fleshed1,14152.96/cwt46.50–55.506044
SteersMedium and Large 1575154.38/cwt150.00–155.25888134
SteersPrime1,78582.50/cwt82.50–82.501,4732
Bulls1,46561.50/cwt61.50–61.509011
Bulls2,10882.71/cwt82.50–83.001,7442
Bulls1,66676.01/cwt72.50–79.501,26613
Bulls1,61467.71/cwt58.50–73.501,09316
CowsBoner 80-85%1,32548.50/cwt48.50–48.506431
CowsBoner 80-85%1,48048.00/cwt48.00–48.007101
CowsBoner 80-85%1,51060.00/cwt60.00–60.009061
CowsBreaker 75-80%1,61366.00/cwt66.00–66.001,0652
CowsLean 85-90%1,15433.64/cwt30.00–36.003887
CowsLean 85-90%1,14641.33/cwt35.00–43.5047487
CowsLean 85-90%Light Weight88533.50/cwt33.50–33.502961

How this sale compares

Montana weighted averages
One sale is one barn on one day. The state ladder is every Montana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.